LATEST ARTICLES

Standard Chartered's African Innovation Drive

Standard Chartered launches African eXellerator

On April 8th, Standard Chartered Bank announced the opening of a new innovation hub branch in Kenya. The Africa eXellerator, located in the bank’s head office in Chiromo, Nairobi, will provide...

What Happened in Banking: Week 15

North America: Goldman Sachs - chance of a recession is now just 10%North America: IMF world bank meetingAfrica: Fidelity Bank appoints new executive directors in NigeriaAsia: Morgan Stanley to become top shareholder in ChinaAsia: Growing...

What Happened in Fintech: Week 15

Tens of millions of jobs on the line as banks pile into AI"I think the role of the disruptors and anything that uses distributed ledger technology, crypto assets/currencies-is clearly shaking the...
Trade Finance Initiative

Financial Institutions develop Trade Finance initiative

Fourteen of the world’s leading financial firms have backed the Trade Finance Distribution Initiative (TFD Initiative) on the 1st of April for the standardization of Trade Finance, asset allocation and regulatory...
JSE and NASDAQ sign agreement

JSE and NASDAQ renew tech agreement

The Jamaica Stock Exchange and Nasdaq Inc. have signed a new agreement for a term of seven years for Nasdaq to provide their market surveillance technology (SMARTS) and the matching engine...
Risk Management with eFront solution for exotics

BlackRock set to acquire eFront

Blackrock has announced a binding offer for 100 % of the equity interests in eFront for $1.3 billion in cash. Following completion of the notification and consultation process, the parties are...

Citi reveals plans for new business line with Mastercard

Citi’s Treasury and Trade Solutions (TTS) has announced the development of a new business line for consumers to make digital payments to institutions. As part of this new digital consumer payments business,...

Klarna launches an Open Banking Platform

Klarna has announced the launch of its own Open Banking Platform. This platform will enable access to more than 4,300 European banks through a single Access to Account (XS2A) API in...

ABN AMRO hands 75% of mortgage arm to InfoSys

It’s official. Infosys, the global leader in next-generation digital services and consulting has just announced a strategic partnership with the Dutch super bank ABN AMRO, the third largest in the Netherlands. Mohit...

Successful Marco Polo pilot for Commerzbank & Landesbank Baden-Württemberg

Commerzbank and Landesbank Baden-Württemberg (LBBW) announced two successful  commercial transactions via data transfer between Voith and KSB  using the trade finance network Marco Polo on R3’s Corda blockchain platform.This first time success of digital...